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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2014
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis as of September 30, 2014 and December 31, 2013 are summarized below (in thousands):

 

 

September 30, 2014

 

 

Quoted Prices in

Active Markets for

Identical Assets

(Level 1)

 

 

Direct or Indirect

Observable

Inputs (Level 2)

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

Money market funds

$

8,356

 

 

$

 

 

$

8,356

 

Corporate commercial paper

 

 

 

 

1,250

 

 

 

1,250

 

Corporate debt

 

 

 

 

251

 

 

 

251

 

Total cash equivalents

 

8,356

 

 

 

1,501

 

 

 

9,857

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

Corporate commercial paper

 

 

 

 

1,199

 

 

 

1,199

 

Corporate debt

 

 

 

 

11,447

 

 

 

11,447

 

Total short-term investments

 

 

 

 

12,646

 

 

 

12,646

 

Restricted cash—money market fund

 

250

 

 

 

 

 

 

250

 

Total assets measured at fair value

$

8,606

 

 

$

14,147

 

 

$

22,753

 

 

 

 

December 31, 2013

 

 

Quoted Prices in

Active Markets for

Identical Assets

(Level 1)

 

 

Direct or Indirect

Observable

Inputs (Level 2)

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

Money market funds

$

8,989

 

 

$

 

 

$

8,989

 

Corporate debt

 

 

 

 

2,000

 

 

 

2,000

 

Total cash equivalents

 

8,989

 

 

 

2,000

 

 

 

10,989

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

Corporate commercial paper

 

 

 

 

1,500

 

 

 

1,500

 

Foreign government bonds

 

 

 

 

1,001

 

 

 

1,001

 

Corporate debt

 

 

 

 

4,794

 

 

 

4,794

 

Total short-term investments

 

 

 

 

7,295

 

 

 

7,295

 

Restricted cash—money market fund

 

250

 

 

 

 

 

 

250

 

Total assets measured at fair value

$

9,239

 

 

$

9,295

 

 

$

18,534